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howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you came from, talk to the people you grew up with. >> all advice appreciated. we're moving on to win on election day on november 6th. >> it's free. anyway, coming up -- thank you, mr. mayor. coming up, mitt romney attacks president obama on foreign policy saying if he were president, he would heat up and prolong every war front in the world, iraq, afghanistan, syria. more war, continuous war, new wars. that's the romney plan. >>> also, joe the first responder. he's taken guff for his gaffes and been lampooned on "snl" but surprise, surprise, vice president joe biden is the guy who democrats are counting on this w
howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you...
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today with this tweet from former ge ceo jack welch. he wrote, unbelievable jobs numbers, these chicago guys will do anything. can't debate so change numbers. >> i wish i could say that the assertion that the obama campaign in chicago convinced the labor department to cook the books was universally decried. it was not. we have much more on the birth of the jobbers, a new american conspiracy theory coming up later in the show. for now the presidential campaign has been reshaped in a number of ways. is is the way obama achieved this milestone is very nonsocialist, actually. under obama the economy has created about 967,000 private sector jobs. so if obama is in fact a socialist, he's not very good at it. second in, romney's standard stump speech, we've now had quote 43 street months with unemployment over 8%. we are now under 8%. and third, this is probably the most important for the campaign. the debate was only two days ago. today is friday. the debate was wednesday. but this is a big enough jobs report, striking enough, that it has tur
today with this tweet from former ge ceo jack welch. he wrote, unbelievable jobs numbers, these chicago guys will do anything. can't debate so change numbers. >> i wish i could say that the assertion that the obama campaign in chicago convinced the labor department to cook the books was universally decried. it was not. we have much more on the birth of the jobbers, a new american conspiracy theory coming up later in the show. for now the presidential campaign has been reshaped in a number...
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more about jack welch and g.e. and accurate numbers more in this show later. we have an interview with cnbc. >> we have a very professional civil service organization where you have top, top economists that work at the bls. it's really ludicrous to hear that kind of statement. >> eliot: and the always wise economic adviser had this message for jack welch. i quote love you jack, but here you've lost your mind. what a coincidence joining me now is austan goolsbee, former chairman of president obama's council of economic visors. conspiracy theories running wild, and how you generate them. what is your take on this. >> okay, the numbers come from iron fortress, somewhere in the bls. it's absolutely and totally ridiculous to say some how some political people changed the numbers in bls. it makes no sense whatsoever. look i'm friends with jack welch. he's a great guy. i have no idea what he's talking about. this is birtherrest crazy stuff. i don't know how you get--the same people saying that it's outrageous that the survey showed a lot more jobs than expected this
more about jack welch and g.e. and accurate numbers more in this show later. we have an interview with cnbc. >> we have a very professional civil service organization where you have top, top economists that work at the bls. it's really ludicrous to hear that kind of statement. >> eliot: and the always wise economic adviser had this message for jack welch. i quote love you jack, but here you've lost your mind. what a coincidence joining me now is austan goolsbee, former chairman of...
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i'm going to play you what jack welch had to say today. listen to this. >> these numbers don't smell right when you think about where the economy is right now. it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> first, it's not actually ironic. but, i think this is what it's been really about. it doesn't sort of if fit jack welch's sense of economy smell. it feels a little off to poem. you deal with numbers every single month. so how do they feel to you? does this feelt like a surprising report to you? >> it was surprising. it was better than most people were expecting. it was better than any of the forecasters on wall street were predicting. but that happens sometimes. there's a reason they do these studies. if we already knew what was going to happen, there wouldn't be a point to doing it. and sometimes there's going to be surprises. the truth is, you alluded to this. a lot of the numbers are more consistent with what we're seeing in the economy. the payrolls number,
i'm going to play you what jack welch had to say today. listen to this. >> these numbers don't smell right when you think about where the economy is right now. it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> first, it's not actually ironic. but, i think this is what it's been really about. it doesn't sort of if fit jack welch's sense of economy smell. it feels a little off to poem. you deal with numbers every...
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so you have a president of the united states so deeply distrusted, by people like jack welch, who is hardly a right winger. welch is one of the most successful businessman in america. welch instantly assumes this is the chicago machine. it's worth looking at. >> this has been, this is really making me crazy. the federal reserve gets questioned now for politics these days. the supreme court and john roberts gets questioned. we have corroded what we're doing. we are corroding trust in our government in a way, and one time responsible people are doing, to control it. and the idea that donald trump and jack welch, rich people with crazy conspiracies can get traction on this. is a bad, is a bad trend. >> i assume david there's a number of people that believe the real unemployment report is somewhere in a safe in nairobi with the president's kenyan birth certificate. this stuff is absolutely crazy. the notion quite frankly that somebody as well respected as jack welch would go on television and single-handedly embarrass himself for the entire day of friday, by saying somehow that these sta
so you have a president of the united states so deeply distrusted, by people like jack welch, who is hardly a right winger. welch is one of the most successful businessman in america. welch instantly assumes this is the chicago machine. it's worth looking at. >> this has been, this is really making me crazy. the federal reserve gets questioned now for politics these days. the supreme court and john roberts gets questioned. we have corroded what we're doing. we are corroding trust in our...
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jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matthews and this is how he explained it. >> i've reviewed 14 businesses this week. from restaurants to widgets. i have seen everybody with a third quarter equal to or weaker than the first quarter. in order to get 873,000 new jobs, you would have to have a g.d.p. going at 4% to 5%. the second quarter was downgraded from 1.7% to 1.3%. the third quarter is not going to be very strong. it just defies the imagination to have a surge larger than any surge since 1983 a month before the election. i leave it to you to do all the analysis. >> one of the most important ceos in america. formerly of general electric. does this ring true? >> well, it rings true to me. since it's a survey, is this outside of the statistical bounds of their survey, which is plausible but irrelevant. but you have a president who says last budget got zero votes in the last senate. z
jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matthews and this is how he explained it. >> i've reviewed 14 businesses this week. from restaurants to widgets. i have seen everybody with a third quarter equal to or weaker than the first quarter. in order to get 873,000 new jobs, you would have to have a...
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jack welch does not believe the boys in chicago changed the numbers? >> no, jack welch is raising the question for some good analyst to go look at. >> okay. good. you're raising the question. you certainly did that. jack welch, thank you for joining us at the very top of "hardball" tonight. >> thank you. >> with me not to fight with jack but to have a different point of view is jared bernstein, former chief economist and economic adviser to vice president biden. you heard that discussion. i like jack. i'm fond of the guy. jack welch has raised the question, but it was obviously his business instinct and his attitude i think towards this president that came together at 8:35 and he tweeted out this, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. i'll go back to what i heard ezra klein say in the room, that a 0.3 of 1% shift in the unemployment rate is not wild. it's very conceivable. your thoughts. >> that's absolutely true. i mean, what i just heard from jack welch was about -- with respect i gue
jack welch does not believe the boys in chicago changed the numbers? >> no, jack welch is raising the question for some good analyst to go look at. >> okay. good. you're raising the question. you certainly did that. jack welch, thank you for joining us at the very top of "hardball" tonight. >> thank you. >> with me not to fight with jack but to have a different point of view is jared bernstein, former chief economist and economic adviser to vice president...
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jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think bls cooked numbers. i think a bunch of dems lied about getting jobs. that would have the same effect. that was from a senior writer at something called the washington examiner, a conservative thing online. eric bolling who is at fox news, he wrote, wow. obama labor department smarter than all 25 of america's top economists. or something far more inside ous. i don't know. then there was this from conservative talk radio host laura ingram. quote, jobs numbers from labor secretary hilda solis are total pro obama propaganda. just looking on twitter you could see the ground swell on the right that th
jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think...
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here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything to change the numbers. you just said it in your tweet. >> i want to raise the question of these numbers. >> you do raise the question. >> because these numbers defy logic. they defy logic. >> so susan, more people from your party have latched onto this concept. is it embarrassing? is it true? is it ridiculous? >> it's shocking. when i first saw that tweet i thought he was kidding around. then to see him double down on chris matthews was frankly surprising. and i don't think many serious people take that statement seriously. that being said, it's amazing how much flack he's gett
here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything...
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he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this month than last month, and the unemployment rate as you noted this year has come down very, very slowly. it's come down nonetheless. the reason it came down this year is primarily due to the fact that more and more people have jus
he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >>...
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jack welch should be ashamed of himself. there is absolutely no way the bureau of labor statistics cooks these numbers. they have tremendous integrity. i'm sorry he doesn't like the direction of the numbers. i will very much, as i said, admit that these numbers jump around from month to month, they do, but to say that these books are cooked is terribly obfuscating and completely wrong. >> can we show what the numbers are doing on wall street right now. i want to get ron's look at this. >> pretty good reaction so far. >> for sure. we see green arrows across the board so far this morning today. let's talk about the revisions that we've seen because we were talking earlier before we started the show that these can go either way, and -- >> and they often do. >> and they often do. >> during recoveries, you tend to get upward revision in prior numbers, whether it's the last couple months, or as the labor department does every year, there's a set of benchmark revisions to prior data that go back even a couple years. we saw that ove
jack welch should be ashamed of himself. there is absolutely no way the bureau of labor statistics cooks these numbers. they have tremendous integrity. i'm sorry he doesn't like the direction of the numbers. i will very much, as i said, admit that these numbers jump around from month to month, they do, but to say that these books are cooked is terribly obfuscating and completely wrong. >> can we show what the numbers are doing on wall street right now. i want to get ron's look at this....
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want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications wrote stories critical of what he had said. >> i wrote a critical story. sister publication. >> just for the record was totally insane. >> totally insane conspiracy theory, one of many floating out there. the repercussions -- >> also in the same piece asked to see obama's birth certificate. >> yes. >> i think his college records he's looking for now. >> how will jack welch pay the represent now? >> we're all worried. >> i'm sure you'll be taking up jobbers and birthers in your -- >> just become 47%. >> i am open to take that job if they need someone. >> thank you to my panel, john, rana, kamal and david's ebook,
want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications...
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jack welch is almost famous or infamous by now. jack welch, the former ceo of general electric, tweeting out that, you know, the innuendo that the bureau of labor statistics had cooked the books. that was called utter nonsense by the deputy white house spokesman. others, including jared bernstein, who is an economist here until recently in the white house, said that welch should be ashamed of himself. you know, he's sort of out there on an island, jack welch. he was on "hardball" last night and he said he wouldn't take a word back of that tweet, but he admitted he had no evidence the to back it up. again, there are people on both sides of the aisle who are rushing to defend the integrity of the people who get those numbers together every month, melissa. >> the president said the burden is now on congress. what is it that the president now wants congress to do? >> reporter: congress is not coming back until after the election. that is clear. and the first order of business at the lame duck session is what to do about the fiscal clif
jack welch is almost famous or infamous by now. jack welch, the former ceo of general electric, tweeting out that, you know, the innuendo that the bureau of labor statistics had cooked the books. that was called utter nonsense by the deputy white house spokesman. others, including jared bernstein, who is an economist here until recently in the white house, said that welch should be ashamed of himself. you know, he's sort of out there on an island, jack welch. he was on "hardball" last...
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next, chris matthews sits down with jack welch. and today's jobs reports. >>> next, what the positive jobs numbers mean for america and this presidential election. stay with us. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. you paid...wow. hmmm. let's see if walmart can help you find the same look for less. okay. see? walmart has all these leading eyewear brands and styles. rockstar! really? yeah. oh, wow! oh, black frame looks good on you. yeah? you can get a complete pair starting at just -- $38. really?! and did you know that our glasses come with a free 12-month replacement guarantee? i didn't know walmart had all this. the price is impressive, the quality is too! come to walmart and see for yourself. find quality eyewear brands starting at just $38. only at walmart. what are they fitting, aliens? >>> e, how convenient th
next, chris matthews sits down with jack welch. and today's jobs reports. >>> next, what the positive jobs numbers mean for america and this presidential election. stay with us. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. you paid...wow. hmmm. let's see if walmart can help you...
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former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response. >> it is noticeable that a lot of economist are saying this is not possible. you would need more than 114,000 jobbings. i don't think it matters except to broadcasting tv shows or writing for newspaper what number they throw up on the screen. people know they are out of work and in jobs and they are way overqualified for and working part-time. so many people are going out of business and under working now. 23 million unemployed difference does it make? >> the numbers simply write away the 211,000,000 people stopping to look for people. >> oh,
former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response....
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the public, because of people like jack welch, who did all th i that the fact he came out and educated the public the numbers are manipulateed and --. >>neil: he said there are no guards thererying to hold them of >>est: it isu d s vea ey ga ao of an insight into how that is done and he did it, i think he did it in great way to be honest. a lost my journalist friends think he did it in an intful way. yoouaeheni dn' a gr a she unemployment rate drop the way it did so he questioned that. ing he said because there is so much "squish" in the numbers and room to guesstimate where it is, do notayen. unoy.t r iyers dendg ustth real unemployment is much higher. >>neil: so when the administration afghanistans -- administration argues that the trend is t friend-. opte t ihe people that is dropped, unemployed and thos who is dropped out of the workforce brings the rate up to 15 percent. that rate, the official nr, itango dnen me pe ofek first so that is the squish in the numbersnd that is what jack welch showed us. it is difficult for am obama to defend this. the real numbers are really bad. you
the public, because of people like jack welch, who did all th i that the fact he came out and educated the public the numbers are manipulateed and --. >>neil: he said there are no guards thererying to hold them of >>est: it isu d s vea ey ga ao of an insight into how that is done and he did it, i think he did it in great way to be honest. a lost my journalist friends think he did it in an intful way. yoouaeheni dn' a gr a she unemployment rate drop the way it did so he questioned...
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rick, what do you make of what happened to him, to jack welch? >> well, again, you know, i think what we just heard from charles, who is a prominent liberal, is exactly part of i think this problem, is that we whittle around the fact that when liberals are intolerant, we can't say it for some reason. we have to pretend like it's -- everyone is intolerant and we just can't say look, it's wrong to go after stacey because she's decided as a black woman to support mitt romney. >> who didn't say that? i just said that. >> let me finish. >> what are you talking about? i just said that. >> you actually didn't say that. >> i said it was wrong to go after stacey. are you seriously saying that i didn't say that? >> what i'm saying, charles, is that you can't just say that intolerance exists. what you need to be able to do is say when liberals are intolerant that it's wrong and call them out on it. you are somebody who they look up to. if you said it, if you called it out without having piers morgan pull it out of you, it -- >> nobody pulled anything out of
rick, what do you make of what happened to him, to jack welch? >> well, again, you know, i think what we just heard from charles, who is a prominent liberal, is exactly part of i think this problem, is that we whittle around the fact that when liberals are intolerant, we can't say it for some reason. we have to pretend like it's -- everyone is intolerant and we just can't say look, it's wrong to go after stacey because she's decided as a black woman to support mitt romney. >> who...
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. >>> jack welch, the former head of general electric, will no longer contribute to reuters news and fortune magazine. welch's decision comes in the wake of controversy sparked by a tweet he sent last week suggesting the white house manipulated job numbers for political gain. >>> a doggy daycare outside of chicago has stepped in it with the nation's coffee chain. starbucks is asking star barks to change it name and its logo so that customers aren't confused. >>> and could these shoes be coming to a shoe store near you some us ladies hope not. the so-called scary beautiful heels are backwards so it makes the feet point straight down like a ballerina. the designer says the shoes are a commentary on today's impossible standards of beauty. and apparently impossible to walk in. >>> san francisco stays alive, a bountygate update, and the space jump will have to wait. plus the athletics steal game three from the tigers. that's all coming up in sports. you're watching "first look" on msnbc. yeah. yeah. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is
. >>> jack welch, the former head of general electric, will no longer contribute to reuters news and fortune magazine. welch's decision comes in the wake of controversy sparked by a tweet he sent last week suggesting the white house manipulated job numbers for political gain. >>> a doggy daycare outside of chicago has stepped in it with the nation's coffee chain. starbucks is asking star barks to change it name and its logo so that customers aren't confused. >>> and...